With car sales widely expected to lose their momentum in China this year, manufacturers have decided the middle class’s growing appetite for SUVs and clean-energy vehicles is their best bet.
Following a robust 15 per cent growth in 2016, sales of passenger vehicles are likely to increase at a much slower pace this year, with the China Association of Automobile Manufacturers (CAAM) forecasting a 5 per cent year-on-year rise.
Among the likely reasons for the projected decline is a decision…
April 21, 2017 at 08:24PM http://ift.tt/2oc6Mri
#3Novices #News #OnlineMedia #China #LifeStyle 3Novices China